Marine
Le Pen, French National Front (FN) political party leader and
candidate for French 2017 presidential election, attends a
political rally in Arcis-sur-Aube, near Troyes, France April 11,
2017.REUTERS/Benoit
Tessier

An analyst who correctly predicted Trump's victory says
Marine Le Pen will win the French election.

Charles Gave, founder of the Hong
Kong-based asset-allocation consultancy GaveKal
research,
told Bloomberg on Friday Le Pen's support is a
"slow-moving reaction against the men of Davos," similar to
Brexit and Trump.

Le Pen, of the far-right National Front party, is a
self-styled populist leader in the same vein as Trump — though
with a much more rigid ideology.

The first round of voting takes place on Sunday, and if
there's no outright majority, the top two candidates will
face each other in a runoff on May 7.

Gave predicts that if Jean-Luc Mélenchon, a far-left
candidate, made it into the second round of voting, Fillon's
supporters and the
vast pool of undecided voters would rally behind Le
Pen.

Le Pen has campaigned on a promise to curtail immigration
and withdraw from the Schengen Borders Agreement, putting
France's involvement in the European Union in jeopardy.

Gave sees markets underpricing a Le Pen victory, and
is telling clients to go long on the U.K. pound. A Le Pen
victory would tank the euro market as France pulling out of the
European Union would be all but inevitable, reports
Bloomberg.